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Three Stocks With Superior Forward Dividend Yields

- By Alberto Abaterusso

As of Monday, several stocks were offering to shareholders a forward dividend yield that more than doubled the S&P 500 Index's yield of 1.87%. As such, dividend investors may want to consider the following media companies.

The first company is Salem Media Group Inc. (SALM), with a closing share price of $2.14 and a market capitalization of $55.91 million on Monday. The stock has a forward dividend yield of 12.26% versus an industry median of 2.48%.